The Coal Ministry has asked states to give fresh proposals to the Environment Ministry for projects stuck in no-go areas. This would help redeem investment amounting to Rs 40,000 crore in key infrastructure projects in power, cement and steel sectors.
Tag: Pranab Mukherjee
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Nod to infra projects
Infrastructure projects worth over Rs one lakh crore are likely to get regulatory clearance from the government this month.
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A new opportunity to participate in Indian infrastructure
The government is finally preparing to launch its first IDF this year, albeit with a $3 billion corpus open to domestic investors alone. Vishal Shah and Smit Sheth hail IDF as a good beginning, but contend that the definition of infrastructure needs to be sharpened.
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FM pitches to US investors for infra projects
Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee inforĂÂmed the gathering that his government was working towĂÂards building a consensus on a number of pending policy issĂÂues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy
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Fin Min clarifies infra definition
Infrastructure will soon have a wider and uniform definition that will encompass some aspects of education and health as well, ensuring asset creation across a number of sectors by making them eligible for various incentives. A panel of secretaries of various ministries is expected to clear the finance ministry's proposal.
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26 per cent profit sharing by coal cos
A 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee cleared a proposal in the new mining bill that mandates sharing of 26 per cent profit by coal mining companies with the local population.
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26 per cent profit sharing by coal cos
A 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee cleared a proposal in the new mining bill that mandates sharing of 26 per cent profit by coal mining companies with the local population.
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FSDC for urgent steps to set up infra debt funds
The Financial Stability and Development Council (FSDC), headed by Finance Minister Pranab Mukherjee, has decided to initiate steps for a more vibrant corporate bond market to enable industry to raise debt funds for infrastructure.
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SEZ: The Dealmakers' Dealbreaker
The government's highly motivated optimism on SEZs is not reflected among the practitioners, and it should come as small surprise that after a lengthy wild goose chase by our office, the Commerce Ministry officials kept bouncing us around from bureaucrat to another, confusing matters, and in effect dodging hard questions.
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Govt open to more fuel subsidy
Finance Minister Pranab Mukherjee has suggested that the government was open to increasing the fuel subsidy beyond the budgeted level, if needed.